Alex Osola
👤 SpeakerAppearances Over Time
Podcast Appearances
The EPA says focusing on a single year of emissions data obscures a longer-term decline.
And while President Trump has promoted coal, he's been battling the wind industry.
He says offshore wind farms like the one off the coast of Martha's Vineyard are ugly, expensive, and destructive for wildlife.
And he's blocked efforts to build new ones.
Trump's actions have plunged the wind industry into turmoil, but now it's gaining a surprising ally, big oil.
Benoit Morin covers the oil and gas industry for the journal and is here to tell us more.
Benoit, why is the oil industry asking President Trump to stop this battle against offshore wind?
Why is this so important to the oil and gas industry?
Like what's at stake for them here?
The White House says Trump's position is that wind farms are a liability that jeopardizes the safety of the American people.
What is Trump saying?
That was WSJ reporter Benoit Morin.
Thanks, Benoit.
In U.S.
markets, NVIDIA's blockbuster quarter wasn't enough to reassure investors.
It logged a jump in profit and record sales, but shares fell 5.5% today.
That dragged on the Nasdaq, which dropped 1.2%.
The S&P fell about half a percent, while the Dow was flat.
Stellantis is reporting an annual loss equivalent to more than $26 billion last year, reflecting big charges from its retreat from electric vehicles.
Like other automakers, it's investing in hybrids and old-school combustion engines again.